Announced

Completed

Kissner Group Holdings completed the acquisition of NSC Minerals from Altas Partners.

Synopsis

Kissner Group Holdings, the parent company of bulk salt, specialty packaged salt and evaporated salt producer, Kissner, completed its acquisition of NSC Minerals, a provider of salt products in Western Canada and the North Central United States, from Altas Partners. Financial terms were not disclosed. NSC will continue to operate under its existing brand as a subsidiary of Kissner. The Company’s production, packaging, and storage facilities in Canada and the US will remain fully operational. “NSC is a well-run and highly complementary addition to our growing platform and solidifies Kissner’s position as one of North America’s premier, multi-regional salt companies. With its strong position in the Western Canada highway de-icing salt market and growth potential in the calcium chloride market, NSC expands our geographic presence in Canada and enhances our financial scale and flexibility with non-cyclical, recurring revenue. I look forward to welcoming the talented NSC team to Kissner as we pursue our next phase of growth together.” Mark Demetree, Kissner Group Holdings Executive Chairman, and Chief Executive Officer.

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